Your taxable income is the portion of your income subject to federal tax, and it’s important for several reasons. To start, ...

The not-so-great outdoors; spear itself; pain and gain; and other highlights of recent tax cases.

Understanding how your Social Security benefits are taxed federally is crucial for effective financial planning. Despite ...

Seniors are often surprised by taxes on mandatory withdrawals – Clear Start Tax explains how RMDs can increase IRS balances ...

Facing higher home prices and interest rates, many buyers are turning to mortgage co-signers. But it can get tricky when it's ...

Dan Rotta, 78, who made a fortune off selling discounted Seiko watches, didn't report more than $34 million in income.

Using the IRS tool can help, but it won’t answer all your questions. It's best to work with a lawyer in the end.

President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's ...

Roth conversions, especially when combined with smart structuring techniques like this, can be one of the most impactful ...

Navigating the complexities of federal taxation on Social Security benefits can be daunting. Despite recent legislative ...

The U.S. government filed a lawsuit in federal court against James A. Reeves, claiming that he owes over $270,000 in unpaid federal income taxes, penalties and interest between 2009 and 2012. Though ...